Monday, 28 March 2011

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U.S. National Weekly Rice Summary

  • Monday, 28 March 2011
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  • LITTLE ROCK - Mar 28/11 - SNS -- The latest weekly rice market summary for the United States was released by the USDA today.

                           National Weekly Rice Summary
    (Arkansas-Louisiana-Texas-California)

    Domestic shipment: Offers, fob mills, milled rice, spot prices, dollars per
    cwt, bagged. (All milled rice grade No 2 not to exceed 4 percent brokens, except
    California grade No 1. All second heads grade No 4 or better, second head and
    brewers are bulk.) Rough rice per cwt FOB farm for grade 2, milling 55/70.

    Arkansas Texas Louisiana California
    MILLED RICE
    Long grain 25.00-27.00 24.00-30.00 25.00-25.50
    Medium grain 32.00-37.50 32.00-37.50 38.00-42.00
    Short grain No quote
    Parboiled 30.50-35.00 29.00-38.00 40.00
    Second heads 15.00 15.00 15.00-16.00 16.50-17.50
    Brewers 12.00-13.50 13.00-13.50 12.00-13.50 13.50

    ROUGH RICE
    Long grain NA NA 11.52 NA

    Feed by-products (spot prices, dollars per short ton, fob mills).

    Rice bran 100.00-145.00 120.00 105.00 130.00-135.00
    Rice millfeed 55.00 50.00-55.00 no quote
    Rice hulls 15.00-20.00 no quote no quote 10.00

    Domestic Situation

    Domestic milled rice price quotes were steady to lower this week in the south
    and steady in California. By-products were steady to lower in the south and
    steady in California. Louisiana rough rice was steady.

    In the south, long grain rice price quotes were steady to instances 2.00
    lower, quoted mostly at 24.00-27.00; medium grain prices were steady, quoted
    mostly at 32.00-37.50; parboiled quotes were steady to instances 2.00 lower,
    quoted mostly at 29.00-32.00; second heads were steady, quoted mostly at 15.00;
    brewers were steady, quoted mostly at 12.00-13.00. Rice by-products: Offers for
    rice bran were steady to 30.00 lower, mostly steady to 5.00 lower; millfeed was
    steady to 10.00 lower; hulls were steady. Louisiana rough rice was steady.

    In California, medium grain milled rice prices were steady; Short grain
    milled rice was in very short supply for spot sales, not enough new sales to
    quote a market; second heads were steady; brewers were steady. Rice bran was
    steady; hulls were steady.

    Source: USDA- AR Coop Ext Service, Little Rock, AR

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